Three kinds of smart contracts will be the future choice in the development of the crypto world. The competition is getting tougher and more promising in the crypto world, as well as other things, of course, for each project so that investors will get more attention. Ethereum smart contract (ESC), Binance smart contract (BCS), and Cardano smart contract (CSC).
The Ethereum smart contract, which pioneered this form of project, is certainly superior when viewed from the number that has been created by ESC. However, the problem of transaction fees and staking fees is relatively lower than the two rivals. However, various parties are still waiting for a full update from ETH 2.0 which of course will have a lot of expectations from Ethereum updates in the future.
Binance with the great success of its coin bnb earlier in the year has launched its smart contract aimed at reducing the huge fees involved in using Ethereum gas transactions. With lower transaction fees than ethereum, BCS is the second choice for users and investors looking to use their smart contract projects.
Meanwhile, Cardano, who has been waiting for their long-awaited smart contract from 2018, has finally announced that it will launch an update on their project and give birth to a new, long-awaited smart contract. CSC on Ada will be expected to be better overall than the existing smart contracts. Such as the problem of low transaction fees, better staking percentages, and the presence of DAaps that use their smart contracts.
The existence of these three smart contracts will indeed be a tight competition in the future in terms of the digital world, especially in terms of decentralization, finance, economy, and other projects.
The advantage of CSC is that it is pure clean of the existence of updates on the initial project that they release. And another factor is the issue of eco-friendliness that has been a part of the Cardano world during its presence in the development of the crypto world.
So for now, we just have to wait which one will be more dominant among these three smart contracts in the future to be chosen and used by developers, agencies, individuals and investors.